Tag: Sanctions

U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro

U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro A bipartisan group of senators in the United States are seeking strong sanctions against Venezuela’s Petro. The proposed sanctions would extend an executive order from March to prohibit U.S. residents from providing software to the Venezuelan government in its efforts to […]

Analysts Suspect Cryptocurrencies Used to Evade US Sanctions in North Korea

Analysts Suspect Cryptocurrencies Used to Evade US Sanctions in North Korea During an interview earlier this week, two Washington-based financial intelligence analysts explain that North Korea is using cryptocurrencies to evade US sanctions. The intelligence researchers Lourdes Miranda, and Ross Delston say the Pyŏngyang region is actively trading established digital […]

Iran Steps Up Plan for National Crypto After US Sanctions

Iran Steps Up Plan for National Crypto After US Sanctions Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could […]

Russia and Iran Discuss Potential ‘Crypto Alliance’ to Bypass International Sanctions

Russia and Iran Discuss Potential ‘Crypto Alliance’ to Bypass International Sanctions Crypto Alliance – Russia and Iran might start using digital currencies, like Bitcoin (BTC), to bypass international sanctions, Russian news source RBC reported yesterday. Both countries are exploring ways to replace the SWIFT interbank payment system and avoid the US […]